8 Reasons Government Grants Should Include Funding for Level 1 Charging Infrastructure
As we wait for Congress to fully return from their recess and vote on various legislation, I continue to be extremely concerned about how as much as $10 billion in federal government grants will be be spent on EV charging infrastructure. In short, I’m predicting what I call the “overcharging of America.” What I mean […]
Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable
One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. But Congress may actually get something right (well mostly) as among the nine key proposed changes to the tax credit contained in the Clean Energy for America Act (CEAA) is changing the current non-refundable credit into one that is refundable.
Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000
A provision in the Clean Energy for America Act requires that a new qualified electric vehicle purchased by the taxpayer has a manufacturer’s suggested retail price (MSRP) of $80,000 or less. What would this change mean for automakers and EV buyers?
How Many EV Charging Stations Will $10 Billion Buy for America?
With an estimated $10 billion in US government grants earmarked for the deployment of electric vehicle (EV) charging stations, who many chargers would this actually buy America?
2030: 20 Million More ICE Vehicles Will Be on the Roads in the US Than in 2021
US sales of electric vehicles are expected to increase significantly this decade, however, by the end of 2030 EVs will still comprise only a tiny percentage of vehicles in operation (VIO) and the number of internal combustion engine vehicles (ICE) will actually increase by 20 million. These are the findings of new EVAdoption analysis. To […]
Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula
The federal EV tax credit has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. The formula, which is based on the size of an EV’s battery pack, rewards OEMs (and their buying consumers) for using larger batteries with no consideration to efficiency (EPA range/kWh) and price.
Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?
Proposed reform to the Federal EV tax credit extends to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.
Overview of Biden Administration Plans to Help Increase EV Adoption in the US
Here are the electric vehicle-related programs that we can expect the Biden administration to pursue.
13 EVs No Longer Eligible for California’s EV Rebate: Changes Effective December 3
California’s Clean Vehicle Rebate Project will see two key changes that could create a small shift in sales across various EV models. When the new vehicle eligibility rules take place beginning on December 3, 2019, 14 currently available electric vehicles will no longer be eligible for the rebates from the state of California.
The Federal EV Tax Credit Needs To Be Torn Up (Part 1): What Are The Right Goals?
The Federal EV tax credit isn’t working: sales of EVs in the US are slowing, are concentrated in one state (California) and brand (Tesla). It is time to tear up and rethink, not tweak the current tax credit.